Financing in 02861>Question Details

Tim, Other/Just Looking in 02861

I own a 2 family house that I do not live in The house is valued at $209,000 and I have mortgage of $27,000 Is there anyone who offers HELOC

Asked by Tim, 02861 Tue Oct 20, 2009

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Andy Fitzpatrick’s answer
Yes, you can contact:

Tracy L. Benevides
Mortgage Development Officer
(office) 508-844-2151 / (fax) 508-822-1546
(cell) 401-617-6452
12 Taunton Green, Suite 203
Taunton, MA 02780

Done much with her over the years, she'll set you up if possible.

Good luck,

Andy
0 votes Thank Flag Link Thu Feb 18, 2010
HELOC?
Have you think about refinance into a 10 years term instead? Home Equity Line of credit ussually, not always are interest only, so you "will" never pay off the debt unless you start meking payments to the principal but minimun payment will be interest only.

Or if you get a second mortgage, go 10 or 15 years, so you pay it off fast and in reasonable payments.

What do you think about it? what is the cash for? home improvements? That is important too.
0 votes Thank Flag Link Tue Oct 20, 2009
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